The Greens have said the gas market review must prevent gas companies like Santos from exploiting loopholes in the Australian market to meet their over-ambitious export contracts.<\/p>\n\n\n\n
Otherwise, the review announced yesterday risks doubling down on fossil fuel dependence and undermining Australia\u2019s climate goals by encouraging the creation of new supply instead of phasing out exports and reducing gas demand. <\/p>\n\n\n\n
According to information provided by the ACCC to the Greens, Australia could save 1,452 petajoules of gas over the next decade, enough to cover domestic shortfalls without opening a single new gas field, if it stopped gas exporters from draining the domestic market. <\/p>\n\n\n\n
Australian Greens acting leader, Senator Sarah Hanson-Young:<\/strong><\/p>\n\n\n\n \u201cMassive gas corporations are exploiting loopholes to make massive profits off Australia\u2019s gas. They get most of most of the gas for free, pay barely any tax, and ship it overseas for massive profits – and you\u2019re funding their greed with every energy bill,\u201d Hanson-Young said.<\/p>\n\n\n\n \u201cThis gas review needs to make the big polluters\u2019 profiteering illegal, not reward the bad behaviour of the greedy gas corporations by opening new gas fields.<\/p>\n\n\n\n \u201cWith NSW currently being battered by severe storms, we\u2019re in the grips of yet another extreme weather event made worse by coal and gas. This review isn\u2019t an academic exercise – it has massive implications for people\u2019s lives and the climate.<\/p>\n\n\n\n \u201cEvery new coal and gas mine makes global heating worse, and we need to be moving off expensive, dirty gas faster than we are. The Australian Greens will push to stop greedy gas corporations from profiting off people\u2019s power bill pain.\u201d<\/p>\n\n\n\n Australian Greens resources<\/strong>\u00a0spokesperson, Senator Steph Hodgins-May:\u00a0<\/strong><\/p>\n\n\n\n \u201cThe Government can’t reward the gas lobby\u2019s conduct and shift the cost to everyday Australians, who will pay higher energy bills and higher insurance prices from more intense and frequent floods and fires caused by fossil fuels.<\/p>\n\n\n\n \u201cWe don’t need any new gas fields, we need to stop gas exporters like Santos robbing gas from the domestic market to sell overseas, pushing up prices for Australian households and industry. <\/p>\n\n\n\n \u201cIf the government helps homes and businesses electrify and we pass laws to stop these gas thieves in their tracks, we can transition to net zero without a single new gas mine.<\/p>\n\n\n\n \u201cOur kids deserve a safe climate future. As we head back to parliament, the Greens will be firm, constructive and unrelenting in our push for real climate action.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":" The Greens have said the gas market review must prevent gas companies like Santos from exploiting loopholes in the Australian market to meet their over-ambitious export contracts. Otherwise, the review announced yesterday risks doubling down on fossil fuel dependence and undermining Australia\u2019s climate goals by encouraging the creation of new supply instead of phasing out … Continue reading “Review of Australia\u2019s gas market must end the practice of gas companies profiteering by exporting Australia\u2019s gas overseas”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-33487","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/33487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=33487"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/33487\/revisions"}],"predecessor-version":[{"id":33488,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/33487\/revisions\/33488"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=33487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=33487"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=33487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}